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  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    George,

    What names do you have that pay 8-9% today and grow their dividends steadily?
    Aug 12 01:24 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    Dividends#1,

    I first bought KMR and KMI in 2011, and very happy that I did. I plan to hold for the long term.

    Glad I could put you on to Kinder. ;-)
    Aug 11 01:22 PM | 1 Like Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    KMR intraday high so far is 99.77. 100 is closer than you think.
    Aug 11 12:49 PM | 1 Like Like |Link to Comment
  • Kinder Morgan To Merge Partnerships Into One Company [View article]
    Chancer,

    Compare slide 12 to slides 11 (NYSE:KMP) and 13 (NYSE:EPB). Both have estimates for taxes. Slide 12 does not; the KMR exchange is not taxable.
    Aug 11 12:44 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Interesting that the plaintiff attorney does not understand that KMP, KMR and EPB are limited partners, not shareholders. Limited partners are unitholders, and there is a very large difference between unitholders and shareholders. Unitholders do not have voting rights, and cede all management decisions to the general partner. This deal will be voted on by KMI shareholders, not KMP, KMR and EPB unitholders.
    Aug 11 12:31 PM | 1 Like Like |Link to Comment
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Scooter-Pop,

    No !ouch! for owners of KMR, the exchange is not taxable.
    Aug 11 12:13 PM | 3 Likes Like |Link to Comment
  • Kinder Morgan To Merge Partnerships Into One Company [View article]
    It is and will be a C corp, so the dividends are and will be qualified.
    Aug 11 11:34 AM | Likes Like |Link to Comment
  • Kinder Morgan Jumps Largest Growth Obstacle With Consolidating Merger [View article]
    If KMP is ever spun off, wouldn't it be nice if KMR were brought back to like also?
    Aug 11 11:27 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    trs80,

    The KMR exchange is not taxable.

    Love your moniker ;-)
    Aug 11 11:09 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    So far today's high is 42.49.
    Aug 11 10:49 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    surfgeezer,

    Look at slide 12 again. No tax for the KMR exchange.
    Aug 11 02:18 AM | 3 Likes Like |Link to Comment
  • Kinder Family Consolidation, Please Post Your Informed Comments.  [View instapost]
    Slides 11, 12, and 13 make it clear that the KMR exchange will be non-taxable, and the KMP and EPB exchanges will be taxable.
    Aug 11 02:03 AM | Likes Like |Link to Comment
  • Kinder Morgan scrapping MLP structure in $44B deal [View news story]
    NV_GARY and all,

    The slide presentation does address unit holder taxes.

    Slide 11 titled 'Substantial Value Uplift for KMP Holders' has a line item 'Implied Value Uplift (Pre-tax)' with a footnote that shows the estimated tax for the average KMP unit holder.

    Slide 12 is the equivalent for KMR unit holders and has a line item 'Implied Value Uplift' and does not have a similar footnote, thus the KMR exchange is not taxable.

    Slide 13 is the same for EPB unit holders, like KMP with estimated tax.

    Glad I own KMR and KMI, and not KMP or EPB.
    Aug 11 01:57 AM | Likes Like |Link to Comment
  • Altria: Raising My Dividend Raise Prediction [View article]
    Michael,

    There is no need for guilt. Think about this in terms of cause and effect.

    Does your decision to not own MO either 1) cause a smoker to stop smoking, or 2) cause someone to not start smoking?

    Does my decision to own MO either 1) cause anyone who does not smoke to start smoking, or 2) cause anyone who smokes to continue smoking instead of quitting?

    The answer to both is obviously NO.

    You are not helping anyone by not owning MO, and I am not harming anyone by owning MO.

    I do not smoke, but my health care costs are higher than justified by my life decisions because of the burden of smokers. Those smokers owe the MO dividend to me.
    Aug 10 01:06 PM | 4 Likes Like |Link to Comment
  • Altria: Raising My Dividend Raise Prediction [View article]
    Matthew,

    I agree with you. I think the rosy forecasts for e-cigs and vaping do not take into account the substantially lower cost to the nicotine consumer for these vs tobacco. I base my view on this study: http://bit.ly/PzDcWU

    If these numbers are anywhere near correct, then a meaningful switch to vaping will result in a substantial hit to big tobacco's revenues.
    Aug 10 12:52 PM | 1 Like Like |Link to Comment
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